Mortgage and Financial News From 2007-10-30 Page 21
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Market opens down as rate cut questioned
Reuters - NEW YORK (Reuters) - Stocks opened lower on Tuesday after a Wall Street Journal article cast doubt on the chances for a Federal Reserve interest rate cut on Wednesday. The Dow Jones industrial average (.DJI: Quote , Profile , Research ) was down 32 ...
2007-10-30 06:37:00 -
US STOCKS-Futures signal decline as rate cut questioned
Reuters - NEW YORK, Oct 30 (Reuters) - U.S. stock index futures fell on Tuesday after a Wall Street Journal article cast doubt on the chances for a Federal Reserve interest rate cut on Wednesday. Stocks may also struggle after U.S. Steel Corp (X.N: Quote ...
2007-10-30 06:08:00 -
Markets await US interest rate cuts
Times Online - The oil price retreated today after spiking to a record high, temporarily allaying fears that it could reach the $100 dollar a barrel mark. The US dollar also halted its slide ahead of a two-day meeting of the Federal Reserve due to start later today ...
2007-10-30 04:35:00 -
Fed rate cut this week not a sure thing: report
Reuters - TOKYO (Reuters) - A Federal Reserve interest rate cut this week is no sure thing and officials are not seriously considering a half-point reduction in overnight rates, the Wall Street Journal reported on Tuesday without citing sources. The article by ...
2007-10-30 06:23:00 -
Stocks slip as investors await Federal Reserve interest rate move ...
CNBC - NEW YORK - Wall Street pulled back in early trading Tuesday as investors became more uneasy ahead of the Federal Reserve's decision on interest rates. The market has been angling for a rate cut following the Fed's half-point reduction in September ...
2007-10-30 06:37:00 -
Markets Rise On Interest Rate Optimism - U.S. Commentary (Nasdaq)
(RTTNews) - The markets saw a modest increase on Monday, as investors took hope in a possible interest rate reduction and largely ignored another record high for oil prices.
2007-10-29 01:53:53 -
Wall Street advances, investors await interest rate cut (The Arizona Republic)
Wall Street advanced as investors, undeterred by surging oil prices, eagerly anticipated an interest rate cut from the Federal Reserve.
2007-10-29 11:53:06 -
(AFX UK Focus) 2007-10-30 10:40 GMT: Slovak central bank keeps main interest rate at 4.25 pct (Interactive Investor)
PRAGUE (Thomson Financial) - The Slovak central bank (NBS) left its main interest rate unchanged today at 4.25 pct, in line with expectations.
2007-10-30 04:09:24 -
ICICI Bank says interest rate cuts could stop (The Economic Times)
ICICI Bank, the country's largest private lender, said on Tuesday that a trend of interest rate reductions could stop.
2007-10-30 02:55:39 -
HOW A FED INTEREST-RATE CUT MAY BACKFIRE (New York Post)
THE last time the Federal Re serve cut borrowing costs, the interest rate on home mortgages went up. Huh! I'll say it again. When the Fed attempted to rescue the housing industry in August by cutting its funds rate and reducing the discount...
2007-10-30 01:02:56 -
India ICICI Bank says interest rate cuts could stop (Reuters via Yahoo! Singapore News)
NEW DELHI, Oct 30 - India's ICICI Bank , the country's largest private lender, said on Tuesday that a trend of interest rate reductions could stop. "My feeling is that some amount of reduction in interest rates that you had started seeing from other banks would probably stop," Chanda Kochhar, joint managing director of ICICI Bank, said.
2007-10-30 12:03:30 -
ICICI Bank says interest rate cuts could stop (Reuters via Yahoo! India News)
NEW DELHI (Reuters) - ICICI Bank, the country's largest private lender, said on Tuesday that a trend of interest rate reductions could stop.
2007-10-30 12:30:39 -
Major Stocks Close Lower On Profit Taking, Caution Ahead Of U.S. Interest Rate Decision - Asian Commentary (Nasdaq)
(RTTNews) - Tuesday, major stock markets across the Asia-Pacific region closed weak, as investors locked in profits following the recent rally. Investors also exercised caution ahead of the U.S. interest rate decision on Wednesday.
2007-10-30 03:39:29 -
Crises may push Fed to cut interest rate (Boston Globe)
WASHINGTON - The message from Ben Bernanke and his Federal Reserve colleagues is clear: The housing slump will drag on well into next year as credit problems linger. What's not so apparent is how they'll deal with the crisis, although another interest rate cut could come this week.
2007-10-30 03:38:26 -
Housing woes expected to worsen
World Link - That would compare with a 66 percent plunge in housing construction during the 1980s slump, a period when mortgage rates hit double-digit levels, and a 36 percent fall in construction during the 1990-91 housing downturn. The current housing slump has ...
2007-10-26 05:54:00